Fed isn’t tightening even close to the rate it announced
An interesting point that gets lost in the general noise is that the Federal Reserve has now…
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Debt Ceiling Game, Inflation Now
They bought a window of time to figure out a way to explode the Federal debt by trillions of dollars…
Continue readingWhy Americans Would Benefit from a Government Default
The Biden administration’s rhetoric on the debt ceiling has become nothing short of apocalyptic…
Continue readingDefault Hysteria: No Time To Panic; Time To Plan
Economic “crisis,” which is really a painful return to economic reality, is inevitable. It’s certainly time to think about…
Continue readingPowell Sings a Different Tune: Why The Change Of Heart?
Political theater plays out over the debt ceiling…
Continue readingDefaulting On The National Debt, Rewarding The Regime, And The Obligation To Pay Our Debts
Public debt is paid off with tax dollars from taxpayers who had no choice in the matter and were not parties to the contracts between the creditors and the borrowers. […]
Continue readingTheater Of The Absurd
It has been a very frustrating year for holders of precious metal. However, price…
Continue readingYellen Is Wrong: The US Government Doesn’t Always Pay Its Debts
In 1934, the United States defaulted on the fourth Liberty Bond. The bonds were to be payable in gold. This presented a big problem for the US, which was…
Continue readingJanet Yellen: Treasury To Exhaust “Extraordinary Measures” If Congress Doesn’t “Raise Or Suspend” Debt Limit By October 18
“The full faith and credit of the United States should not be put at risk.”
Continue readingAre We Responsible?
If Congress can’t reach a deal on a new debt limit next month, it will wreak havoc on everything from credit cards to car loans…
Continue readingWe Are At A Point of Monetary Insanity w/ John Sneisen
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Today’s guest, John Sneisen, founder of The Economic Truth, sits down with Mike Manwell to share his thoughts on the global economy. During the discussion John elaborates on how an […]
Continue readingThe U.S. Debt Ceiling Illusion – Craig Hemke
Once upon a time, the deficit spending was thought to be constrained by something called the “debt ceiling”…
Continue readingDon’t Tumble Down To Their Level: If You Argue With An Idiot, Then You Create Two Idiots
Heard something about the economy that made your jaw hit the floor? Don’t stoop-down to their level, or when the chickens come home to roost…
Continue readingAnother Government Debt Crisis Begins On Friday?
March 1st would have passed harmlessly if the debt had remained at $20.5 trillion, but the debt is at $22 trillion. Here’s why that will be a problem…
Continue readingMathematically Assured Disaster: The Debt And Our Delusions Are Out-Of-Control
“Gold prices rise along with debt. Expect much higher gold prices as the “debt bomb” detonates.” Here’s why…
Continue readingCraig Hemke: Debt And The Debt Limit Is The Reason Gold Could Be At $1900 In A Matter Of Months
Craig says if there’s a financial crisis during that time, the gold price could go even higher than that. Here’s the details…
Continue readingU.S. Treasury Posts $1.16 Trillion Shortfall For FY 2017 (And Nobody Cares)
“The largest financial institution in world history issued its annual report yesterday, and nobody cares…” Here’s how bad it is, and where we’re headed…
Continue readingGold & Silver Could Take A Wild Ride Starting On Sunday Night Due To The Government Shutdown
Brace for potentially big impacts on the gold & silver “markets”. There are two issues that especially need to be considered…
Continue readingGovernment Kicks The Can To Avoid A Shutdown (For Two Weeks, Assuming The Senate Approves)
A majority of the House has voted to approve a two-week extension, but it’s not a done deal yet…
Continue readingJim Rickards: There is A 55% Chance Of A Government Shutdown On Friday
Jim says a government shutdown is not priced into the market at all, and this could send gold soaring…
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